Satyam Offer Letter@jayant

Dear Mr. Jayant Jaiswal, Based on the discussions we are pleased to offer you a position as S/W Engg Trainee.Hard copy of the Offer Letter would be handed over to you on the reporting date. Wishing you a successful and rewarding career at Satyam. Congratulations and welcome to the Satyam family. Regards, MUKUND MENON

Ref : SCSL/ELTP-SBW/HYD/267343

March 26, 2007

Mr. Jayant Jaiswal C/o.Uday Kumar, Opp.Arya Samaj Mandir,Bakshipur, Gorakhpur - 273001 Ph: 0551-2291629 Sub: Offer of Appointment. Dear Mr. Jayant Jaiswal, 1.

With reference to the interview held at your campus, we are pleased to offer you an appointment in our organization as a S/W Engg Trainee operating out of our Secunderabad centre.

2.

Your "Annual Compensation" is attached herewith as in Annexure - A

3.

Your employment with us will be governed by the terms and conditions referred in Annexure-B.

4.

Your joining date has been finalised as January 7, 2008 and the offer stands withdrawn thereafter, unless the date is extended by us and communicated to you in writing.

5.

Kindly give your offer acceptance in VIRTUE and fill up all the details in VIRTUE before reporting for your Joining formalities. VIRTUE login ID and password has been sent to your mail ID. If you have not received the VIRTUE login ID and password, please send a mail to [email protected] along with your offer reference number.

6.

You are requested to report on January 03, 2008 to Ms. Tripurambika Beerelli at 9:00 AM to complete the joining formalities at Satyam Computer Services Ltd., Masha Allah, Near Hotel Paradise, Opposite to HDFC Bank, Prenderghast Road, Secunderabad - 500003, Tel. 040-30654682. At the time of joining, you are requested to submit the copies of the documents as per Annexure-C.

7.

You are requested to complete Medical Examination (Annexure-D) at least two days prior to reporting. Please note that this offer is subject to your being Medically fit for employment.

8.

In case of further clarifications, please write to [email protected] and quote the reference as above.

We welcome you to SATYAM, and look forward to a long and mutually beneficial association. for Satyam Computer Services Limited,

Mukund Menon Vice President - HR Encl:Annexure-A (Salary Structure), Annexure-B (Terms & Conditions of Employment), Annexure-C (Checklist), Annexure-D (Medical Letter), Bank Guarantee Format, Non Disclosure Agreement

Ref : SCSL/SBW/HYD/267343/70358

March 26, 2007 ANNEXURE - A (All figures in INR)

Name Designation & Level Circle Location

: : : :

Jayant Jaiswal S/W Engg Trainee (Level 03 Trainee) SSU Business Wait Secunderabad

A. FIXED COMPENSATION Basic Salary HRA Flexible Benefit Plan *1 Provident Fund (12% of Basic Salary)

Per Month 5,569 2,784 9,541 668

Per Annum 66,825 33,412 1,14,494 8,019

TOTAL FIXED COMPENSATION

18,563

2,22,750

B. VARIABLE COMPENSATION (amount specified is at 100% pay out) Organization Performance Linked pay (OPLp) Circle Performance Linked pay (CPLp) Business (FLCB) Performance Linked pay (BPLp)

4,950 7,425 12,375

TOTAL VARIABLE COMPENSATION

24,750

TOTAL CASH COMPENSATION (TCC) {A+B} (Rupees Two Lakhs Forty-seven Thousand Five Hundred Only) MEDICAL AND LIFE INSURANCE PREMIUM *2 COST TO COMPANY (CTC) *1. Flexible Benefit Plan Associates will be given an option to restructure their 'Flexible Benefit Plan' component. The same shall be governed by the 'Flexible Benefit Plan Guidelines' available on PowerON. *2. Medical and Life Insurance a. Group Medical Insurance for Self and up to 3 Dependants (can include Spouse, Dependant Children, & Dependent Parents) b. Group Life Insurance for Self Notes: 1. TCC includes all components of Cash Compensation, including previously communicated Incentives and OPLp (if any). 2. Variable Compensation is governed by the provisions of Variable Compensation Policy (available on PoewrON) and the same will be reviewed from time to time 3. In addition to above, Associates carrying Individual Revenue Targets are eligible for Performance Bonus. The same shall be governed by 'Pe rformance Bonus Policy' guidelines. 4. Additionally, Gratuity shall apply as per the 'Gratuity Act 1972'

Mukund Menon Vice President - HR

2,47,500

6,070 2,53,570

Annexure-B TERMS & CONDITIONS OF EMPLOYMENT 1. Verification & submission of copies of certificates As per the stipulation of Entry Level Trainee Program, this appointment is subject to your passing the final qualifying examination and securing a minimum of 60% marks in aggregate for all the years. In addition, you are required to produce all your certificates viz. Marks sheets, provisional certificates in support of your qualifications in original for our verification at the time of joining and also submit one set of certified photocopies of the same for our records. 2. Training You will undergo a 3 month in-house/project-based training at Satyam Learning Centre. Your performance will be closely monitored during the training period. At the end of this period, in case your performance has been up to the mark and you have been successful in tests assigned to you during training period, you will undergo a 9 month On the Job Training at any of our Development Centres. After successful completion of 12 months training, you will be absorbed in regular employment in an appropriate grade of the Company, if suitable vacancy/appointment exists. 3. Mandatory period of service In consideration of impartation of training, you shall work in the Company atleast for a period of 12 (Twelve) months from the date of successful completion of training. During such period of training and service of 12 (Twelve) months, you shall not leave, abandon or resign from the services of the Company. In the event of your leaving, abandoning or resigning from the services of the company during the period of training and the mandatory period of service, or your services are terminated by the Company for breach of any of the terms & conditions of service or any other, you shall not directly or indirectly engage in or carry on, or be a part of the process of Software Technology in which you are trained/engaged at present and being carried on by the Company and you shall not serve in any capacity whatsoever or be associated with any person, firm or Company carrying on similar business as that of the employer Company either in India or abroad, for the remaining duration of the said mandatory service period and one more year thereafter. In the event of a) yourself leaving or abandoning training during the training period or your training is terminated by the Company for whatsoever reasons or your leaving, abandoning, resigning from the Company or your service is terminated by the Company for whatever reasons during the period of 12(Twelve) months from the date of your confirmation as a regular employee. You will be liable for the Expenses towards Professional and Technical Traning @ Rs. 5,000/- per month, liquidated damages of Rs.2,00,000/(Rupees Two Lakhs Only) which represents a genuine estimate of damages that would reasonably be caused to the business of the Company on account of the breach of any of these terms & condition of employment and any other expenses relating to loss of man and machine hours which otherwise would have fetched a reasonable amount of profits to the business of the Company. Signature of the Associate

4. Termination of Employment a) Either party can terminate this employment by serving a notice of 60 days on the other after the completion of the training period & the "Mandatory period of service"( i.e on completion of 24months service from Date of Joining)(as mentioned in Clause 3 above). However, if approved by the Company, an associate may surrender leave to his / her credit or pay salary (Basic) in lieu of Notice period. Similarly, the Company may pay salary (basic) in lieu of Notice period, if required. b) Unauthorized absence or absence without permission from duty for a continuous period of 7 days - during the training period & the "Mandatory period of service" (as mentioned in Clause 3 above) - would make you lose your lien on employment. In such case your employment shall automatically come to an end without any notice of termination. c) You will be governed by the Company's laid down Code of Conduct and if there is any breach of the same or non-performance of contractual obligation or the terms and conditions laid down in this agreement, your service could be terminated without any notice notwithstanding any other terms and conditions stipulated herein. The Company further reserves the right to invoke other legal remedies as it deems fit to protect its legitimate interests. d) Reference check will be made from your institute. In the event Satyam receives any adverse report about you which may be detrimental to the interests of the company; or if Satyam opines that the information furnished by you is not true, then, the company reserves the right to terminate your services immediately (notwithstanding any other provisions) on the grounds of misrepresentation of facts and the company shall not be liable to pay any amount what so ever. 5. Code of Conduct You shall conduct yourself in conformity with the code of conduct, as in force from time to time. Further, you shall carry out the instructions in letter and spirit, given by your superiors and shall not disobey the instructions given. You shall not indulge in any unethical practices like "go slow" or non-co-operation etc. 6. Restraints A. Access to Information Information is available in need to know basis for specified groups. The network file server is segregated to allow individual sectors for projects and units. Access to these are authorised through access privileges approved by unit Mentors or Project Mentors.

.. ..

B. Escalation/Exception Reporting A set of areas/jobs to be carried out by each function/circle will be decided For each area /job - a suitable policy will be formulated / evolved For every policy - standards of measurement will be laid down Goals for year/quarter/month will be periodically reviewed Signature of the Associate

. .

Alternatively, if such deviation will pose a threat and if it is not corrected will be escalated immediately for corrective action jointly agreed upon and it will be implemented as per schedule. If there is any deviation/modification/amendment it will be further escalated to next level. Deviation if any with regard to policies or standards will be monitored and brought up for discussion in review meetings if such deviation could wait till review meeting

C. Non disclosure You are expected to maintain utmost secrecy in regard to the affairs of the Company and shall keep confidential any information, instruments, documents, etc., relating to the Company that may have come to your knowledge as an Associate of the Company. You are required to sign Non Disclosure Agreement at the time of joining. D. Non Compete Your position with the Company calls for whole time employment and you will devote yourself exclusively to the business of the Company. You will not take up any other work for remuneration (part time or otherwise) or work on advisory capacity or be interested directly or indirectly (except as shareholder or debenture holder) in any other trade or business, during your employment with the Company, without written permission from the Company. a) Post Employment On leaving the services of the company, you shall not take up a full-time/part-time employment with any of our Customers and Associates for a period of 2 years. E. Authorization Only those authorized under power of attorney may sign legal documents, representing the organization. F. Smoking We owe and assure a smoke free environment for our Associates. Barring some areas, the entire office premises including conference rooms, lobbies, cafeteria is declared as "No-Smoking Zone". G. Passwords Access to our network, development environment and MS-Exchange is through individual's password. For security reasons it is essential to maintain confidentiality of the same. If the password is forgotten, the Networking & Communication Group is to be contacted to reset and allow you to use a new password. H. Security Security is an important aspect of Satyam's communication and office infrastructure. We have security personnel deployed in all the floors who take care of the security. Those of you who wish to work late or early hours are requested to produce your identity cards to the Security personnel on demand. If there is a need to take some of the equipments/infrastructure out of the office premises for any reason shall obtain the gate pass from the security staff after the authorisation from your mentor. There are two types of gate passes a) Returnable b) Non-returnable. Signature of the Associate

The communication security is maintained by controlling physical access to computer systems, disabling all workstation floppy disk drives, and a company-wide awareness about the need for protection of intellectual property and sensitive customer information. For some projects, the company uses sophisticated data encryption devices. Your work table and storage space is lockable. Please ensure they are locked when unattended. Duplicate keys are maintained with Security. One can take a duplicate key after signing for it for ones own or team members table or storage. a) Destroying Papers & Material Any official communication which is confidential in nature shall be destroyed through paper shredder after the purpose is served. b) Use of Company Resources You shall use the company's resources only for official purposes. 7. State of Facts It must be specifically understood that this offer is made based on on your proficiency on technical/professional skills you have declared to possess as per the application. In case, at a later date, any of your statements/particulars furnished are found to be false or misleading, the company shall have the right to terminate forthwith and you shall be considered to have committed breach of contract. 8. Place of Training The company shall have the right to decide the place of training anywhere within the country. 9. Bank Guarantee You shall at your expense provide a bank Guarantee through State Bank of India. The Bank Guarantee form will be sent to you directly by the bank or you may contact the nearest Branch. This must guarantee your due performance of these terms & conditions of employment for a sum of Rs. 2,00,000/-. The said Bank Guarantee shall be submitted on the date of your reporting. 10. General a) On completion of your training period, the company has the option to assign you to projects on any platform. This is based on the skills required for a particular project & the environment prevailing at that point of time. b) As part of the training program, you will be required to come either early or late hours depending on the availability of machine and other resources. The above terms and conditions are based on company policies, procedures and other rules currently applicable and are subject to amendments from time to time. You will also abide by all other rules and regulations of the company as shall be in force, from time to time. In all matters, including those not specifically covered here, such as Travelling, Leave, etc., you will be governed by the rules of the Company framed from time to time. You shall be present in the office during normal working hours as specified in the employee handbook and other documentation provided to you, or during hours expressly designated for you in writing. Signature of the Associate

You shall provide details regarding the utilization of your time by entering the same into Satyam's web-based electronic timesheets(TSMS) on a daily basis. In case you are attached to any project where the client may have requirement of recording specific time-efforts, you shall comply with such requirement also, in addition to Satyam's TSMS. This offer is purely based on the information/documents provided by you and by accepting the offer, you specifically authorize the Company or any external agency through Satyam to verify your educational, employment antecedents, your conduct and any other background checks prior to your joining the Company or thereafter. You shall extend your co-operation (if asked for) during such verification without any protest or demur.

________________________________________________________________________ ______________ I have read the above terms and conditions of Employment and would hereby confirm strict adherence to the same. Date : Place : Witnesses : 1)

2)

Signature : Name :

Annexure-C CHECKLIST At the time of reporting, you are requested to the submit the following documents *

S. No.

Particulars

A.

Course Completion Certificate from the college Principal.

B.

Please bring the following certificates in original supporting your educational qualifications along with mark sheets for verification only and two attested copies of each document for joining formalities.

Checklist Yes / No Yes / No

C.

.. .

Xth Certificate & mark sheets XIIth Certificate & mark sheets Degree Certificate & Semester/year-wise mark sheets Master's Certificate & Semester/year-wise mark sheets Diploma/PG Diploma Certificates & Transcripts Any other Certificates with supporting documents, if any Duly signed Satyam's Offer of Appointment - 2 copies

Yes / No

D.

Post Card size Family Photographs - 2 copies

Yes / No

E.

Color Passport-size Photographs - 7 copies

Yes / No

F.

Valid Passport Please submit copy of the valid Passport (inclusive of all blank pages). In case if you did not apply please submit the proof of Passport Office submission ticket. Upon receipt of Passport from Passport Office, please submit the documents to VDS Joining Formalities Team

Yes / No

PAN Card and Proof of PAN Number You must carry and provide your PAN Card copy. Please note that it is mandatory to provide the PAN number for processing of your payroll and no payments on account of salaries can be made without a PAN number.

Yes / No

Birth Certificate should be obtained from the Municipal Office on Form 9 of self, spouse & children (if applicable) with full name of the individual, full name of the father, full name of the mother, date of birth and place of birth

Yes / No

G.

H.

Yes / No

* Your offer has been made based on the information furnished by you. However, if there is a discrepancy in the copies of the documents/certificates given by you as a proof in support of the above, the Company reserves the right to revoke the offer of appointment.

Annexure-D Pre-Employment Medical Examination Ref : SCSL/ELTP-SBW/HYD/267343

March 26, 2007

Dear Mr. Jayant Jaiswal, As a mandatory part of the pre employment process, please complete Medical Test formalities in any of these locations. HYDERABAD Medinova Diagnostic Services 6-3-652, Somajiguda Near Eenadu Office Hyderabad 500082 Tel No : 040-23311122 / 23311133 PUNE Medinova Diagnostic Services 1319,Jungli Maharaj Road Shivaji Nagar ,Pune : 411005 Tel No : 020-25533731 / 25534803 MUMBAI CSRL Ranbaxy Ltd 113, MIDC; 15TH Street Andheri (E) Mumbai: 400093 Tel No : 022-30811111

CHENNAI Lister Metropolis 102, Radhakrishnan Salai,Mylapore Chennai: 600034 Tel No : 044-28472817 / 3817 BANAGLORE Medinova Diagnostic Services 55, Infantry Road 94, S.D. Road Bangalore: 560001 Tel No : 080-41130109 BHUBNESHWAR Kalinga Hospital Limited Chandrasekharpur, Bhubaneswar: 751023 Tel No : 0674-2300570

NEW DELHI MP Diagnostic Heart Centre W 33,Greater Kailash I (next to M-Block) Greater Kailash Part New Delhi: 110048 Tel No : 011-26489830-31/9818646277

CALCUTTA Medinova Diagnostic Services 1,Sarat Chatterjee Avenue Calcutta -700029 Tel ; 4661780 / 4660780

The reports pertaining to the above can be directly sent to Ms. Tripurambika Beerelli at Satyam Computer Services Ltd., Masha Allah, Near Hotel Paradise, Opposite to HDFC Bank, Prenderghast Road, Secunderabad 500003, Tel. 040-30654682 with the Doctor's recommendation. Yours Sincerely, for Satyam Computer Services Limited,

Mukund Menon Vice President - HR